$875,000
For Sale by Owner
Listed 2 months ago

3BR Multi-Family for Sale in Union City, NJ

610 New York Ave, Union City, NJ 07087
3 Beds
5 Bath
PropSlick Verified Data Key facts & insights for this exact address
$9,210
Property Tax / yr
Hudson
County

Key Facts

Property TypeMulti-Family
Annual Property Tax$9,210

Property Description

610 New York Ave, Union City, NJ - Now Offered at $875,000 | Space, Income & Exceptional Upside Welcome to 610 New York Ave-an outstanding mixed-use opportunity in the heart of Union City offering 4 income-producing units across a versatile 2-story building. Featuring a vacant storefront, rented private office space, and two residential apartments above, this property presents the ideal setup for an investor, owner-operator, or business owner seeking to offset occupancy costs while building long-term equity. A major highlight is the potential opportunity for qualified buyers to assume an existing loan at an incredibly attractive 2.375% interest rate, creating the possibility of a significantly lower monthly payment and immediate positive cash flow potential. Combined with strong rental demand and the property's non-rent-controlled status, the upside here is substantial. The flexible layout supports multiple strategies, including owner occupancy, retail use, office income, or maximizing rental revenue across all four units. Month-to-month tenancies provide additional flexibility for repositioning and value enhancement. Additional features include gas utilities, baseboard heat, wall A/C units, and a durable low-maintenance brick and aluminum/vinyl exterior. Positioned on a 25x100 lot in one of Hudson County's most commuter-friendly locations, the property sits near shopping, dining, parks, public transportation, and direct access into New York City. Properties offering this level of flexibility, financing potential, and long-term upside are increasingly hard to find. Schedule your private tour today.

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Amenities and Features

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Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

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